Create professional development programs that help REALTORS® strengthen their businesses.
Protect private property rights and promote the value of REALTORS®.
Advance ethics enforcement programs that increase REALTOR® professionalism.
Protect REALTORS® by providing legal guidance and education.
Stay current on industry issues with daily news from Illinois REALTORS®, network with other professionals, attend a seminar, and keep up with industry trends through events throughout the year.
A “wide range” of REALTORS® may benefit from proposed Internal Revenue Service regulations regarding the new 20 percent business income deduction.
That’s according to a report earlier this week by the National Association of REALTORS® which states that individual owners of sole proprietorships, including independent contractors and owners of S corporations, LLCs or partnerships can take the 20 percent deduction on their net qualified business (non-investment) income.
You can read an IRS summary with a link to FAQs, proposed rules and more by viewing the NAR article, “Big Win for REALTORS® on IRS Guidance for 20% Income Deduction.”
